Writing in The Hill, Jeffrey Whiting, president and chief executive officer of City Real Estate Advisors (CREA) and president emeritus of the Affordable Housing Tax Credit Coalition, argues “tax reform in and of itself is not necessarily bad for the housing credit and may be positive for all parties, especially the housing credit’s true beneficiaries, the millions of veterans, seniors, working families, people with special needs and other residents who live in affordable housing.”
He goes on to explain why “advocates must reinforce this message with the Trump administration and Congress, noting that we are committed to working with them to protect and strengthen the housing credit throughout tax reform, with an eye on at least maintaining, and perhaps expanding, current production levels to keep America’s housing affordability challenges from further harming our economy, communities, and families.”
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